3,040 Shares in Kemper Co. (NYSE:KMPR) Purchased by BKM Wealth Management LLC

BKM Wealth Management LLC purchased a new position in shares of Kemper Co. (NYSE:KMPR) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 3,040 shares of the insurance provider’s stock, valued at approximately $202,000.

A number of other large investors have also recently made changes to their positions in KMPR. Allspring Global Investments Holdings LLC boosted its position in Kemper by 5,590.0% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 569 shares of the insurance provider’s stock valued at $35,000 after buying an additional 559 shares during the period. Clean Yield Group purchased a new stake in Kemper in the 4th quarter valued at about $45,000. GAMMA Investing LLC boosted its position in Kemper by 32.2% in the 4th quarter. GAMMA Investing LLC now owns 715 shares of the insurance provider’s stock valued at $48,000 after buying an additional 174 shares during the period. Capital Performance Advisors LLP purchased a new stake in Kemper in the 3rd quarter valued at about $46,000. Finally, Wilmington Savings Fund Society FSB purchased a new stake in Kemper in the 3rd quarter valued at about $82,000. 86.23% of the stock is owned by hedge funds and other institutional investors.

Kemper Trading Down 2.6 %

NYSE KMPR opened at $65.75 on Wednesday. The company has a quick ratio of 0.27, a current ratio of 0.27 and a debt-to-equity ratio of 0.50. The firm has a market cap of $4.20 billion, a PE ratio of 13.39 and a beta of 0.88. The company has a 50 day moving average price of $66.13 and a 200 day moving average price of $64.66. Kemper Co. has a 52 week low of $54.11 and a 52 week high of $73.01.

Kemper (NYSE:KMPR) last posted its quarterly earnings data on Wednesday, February 5th. The insurance provider reported $1.78 EPS for the quarter, topping the consensus estimate of $1.38 by $0.40. Kemper had a net margin of 6.85% and a return on equity of 14.11%. As a group, sell-side analysts forecast that Kemper Co. will post 6.03 EPS for the current fiscal year.

Kemper Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 4th. Investors of record on Tuesday, February 18th will be paid a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 1.95%. The ex-dividend date is Tuesday, February 18th. This is a positive change from Kemper’s previous quarterly dividend of $0.31. Kemper’s payout ratio is 25.25%.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on KMPR shares. Raymond James boosted their price target on shares of Kemper from $75.00 to $82.00 and gave the company a “strong-buy” rating in a report on Thursday, December 26th. TD Cowen boosted their price target on shares of Kemper from $72.00 to $84.00 and gave the company a “buy” rating in a report on Tuesday, November 19th. StockNews.com upgraded shares of Kemper from a “hold” rating to a “buy” rating in a report on Tuesday, January 7th. Finally, Piper Sandler boosted their price target on shares of Kemper from $83.00 to $86.00 and gave the company an “overweight” rating in a report on Thursday, February 6th. Five equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $81.60.

Kemper Profile

Kemper Corporation, a diversified insurance holding company, engages in the provision of insurance products to individuals and businesses in the United States. The company operates through three segments: Specialty Property & Casualty Insurance, Preferred Property & Casualty Insurance, and Life & Health Insurance.